16k Gold Price in Ethiopia (ETB)
Enter a weight to value 16k gold by the troy ounce for buyers and sellers in Ethiopia, priced from the live gold market. 16 carat (667) is 66.67% gold, and every figure below is priced at that fineness. Priced in Ethiopian Birr directly by the rates API — gold is quoting ETB 642,612.68 per troy ounce.
Value of 1 ozt of 16k Gold
ETB 428,408.45
ETB 428,408.45 per troy ounce · ETB 13,773.65 per gram
642,612.68 ÷ 31.1034768 × 0.6667 × 31.1035 = ETB 428,408.45
Prices on this page are delayed by up to 15 minutes. For real-time rates, use the CommodityPriceAPI.
Gold value by unit
One of each measure, at the current gold price.
| Measure | Detail | Value |
|---|---|---|
| Gram | 1 g | ETB 13,773.65 |
| 10 grams | 10 g | ETB 137,736.52 |
| Kilo | 1,000 g | ETB 13,773,651.61 |
| Troy ounce | 31.1034768 g | ETB 428,408.45 |
| Tola | 11.6638038 g | ETB 160,653.17 |
| Pennyweight | 1.5551738 g | ETB 21,420.42 |
| Baht (gold bar) | 15.244 g | ETB 209,965.55 |
| Bhori | 11.6638038 g | ETB 160,653.17 |
| Masha | 0.9719837 g | ETB 13,387.76 |
| Ratti | 0.121498 g | ETB 1,673.47 |
| Grain | 0.0647989 g | ETB 892.52 |
| Sovereign (fine gold) | 7.32238 g | ETB 100,855.91 |
| Tael (Hong Kong) | 37.7994 g | ETB 520,635.77 |
| Tael (Taiwan) | 37.5 g | ETB 516,511.94 |
| Tael / liang (mainland) | 50 g | ETB 688,682.58 |
Gold value by purity
One troy ounce at each purity commonly sold.
| Measure | Detail | Value |
|---|---|---|
| 24 carat (999.9 fine) | 99.99% pure | ETB 642,548.42 |
| 22 carat (916) | 91.67% pure | ETB 589,061.62 |
| 21 carat (875) | 87.50% pure | ETB 562,286.10 |
| 20 carat (833) | 83.33% pure | ETB 535,510.57 |
| 18 carat (750) | 75.00% pure | ETB 481,959.51 |
| 16 carat (667) | 66.67% pure | ETB 428,408.45 |
| 14 carat (585) | 58.33% pure | ETB 374,857.40 |
| 12 carat (500) | 50.00% pure | ETB 321,306.34 |
| 10 carat (417) | 41.67% pure | ETB 267,755.28 |
| 9 carat (375) | 37.50% pure | ETB 240,979.76 |
| 8 carat (333) | 33.33% pure | ETB 214,204.23 |
The same figure in other currencies
Every currency the rates API supports is available in the calculator above — pick it from the list and the figure is re-quoted in that currency without leaving this page.
How this is calculated
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied. Gold trades per troy ounce, so every figure here starts from that quote and is converted with the factor shown next to the result.
This is the spot-derived value, not the shop counter price in Ethiopia. Local retail rates are set by the jewellers' association and usually sit above this figure once making charges and duty are added.
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Every unit — gram, ounce, tola, masha, tael, sovereign — is available in the calculator above without leaving the page.
Common questions
How much is 1 troy ounce of 16k gold worth today?
1 troy ounce is worth about ETB 428,408.45, from a spot price of ETB 642,612.68 per troy ounce.
How many grams are in 1 troy ounce?
1 troy ounce = 31.1034768 g. This is the unit the spot market itself quotes, so no conversion is applied.
What does 16k mean?
16 carat is 66.7% gold. At today's market that works out to ETB 13,773.65 per gram.
Is this the same as the 16k gold rate quoted in Ethiopia?
Not exactly. This converts the international spot price into Ethiopian Birr at the live exchange rate shown above. Local dealers add making charges, duty and their own margin, so the counter price in Ethiopia is normally higher.
How often does this price update?
Every 15 minutes. The figure on this page is a cached quote and can be up to 15 minutes behind the market, and the timestamp above it always states when the price was actually taken. For real-time rates, request the same data from the CommodityPriceAPI directly.